NOT LISTED FOR SALE

7055 Broadway Merrillville, IN 46410

Turkey Creek Neighborhood

Estimated Value: $228,000 - $246,000

3 Beds
1.5 Baths
2,136 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $106,000 $50 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,653/month

350 Days on Market

Highlights

  • 0.45 Acre Lot
  • Sun or Florida Room
  • Cooling Available
  • Wooded Lot
  • Country Kitchen
  • Forced Air Heating System

About This Home

As of October 2016

Motived sellers have reduced the price on this charming 2 story on beautiful wooded lot. Large foyer invites you into this lovely home with hardwood floors throughout-either new or refinished. Most of the home is freshly painted. Plenty of oak cabinets in this big kitchen with bay window overlooking beautiful backyard. Formal dining room with french doors. Wood burning fireplace in living room and adjacent sunroom/french doors separate. All bedrooms are large with full wall closet/storage cabinets. No appliances. Newer windows. Ceiling fans throughout. HWH January 2015. Some new light fixtures. Pull down attic stairs for extra storage. Seller offers 1 year home warranty. Come see the charm of this home and call it yours!

Last Agent to Sell the Property

Phyllis Maruszczak

McColly Real Estate License #RB14024981 Listed on: 08/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1927

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 86x250
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as commercial

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Basement
  • Sump Pump
  • Attic Stairs
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Side Driveway
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451215105007000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Wooded
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR254
  • Subdivision Name: None
  • Architectural Style: Two Story
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1018
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Attic Stairway, Country Kitchen, FP Living/Great Room, Sun Room
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Storage Shed
  • Acres: 0.4493

Garage/Parking

  • Parking Features: Off Street, Side Drive

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 86x250
  • Lot Size Sq Ft: 19572
  • Parcel #: 451215105007000030
  • Zoning Description: commercial

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 1401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Oct 11, 2016
Sold by
Galovic David E and Estate Of Mary J Lockhart
Bought by
Smith Larry
Seller's Agent
Phyllis Maruszczak
McColly Real Estate
List Price
$106,000
Sold Price
$106,000
Current Estimated Value
$239,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,354
Avg. Annual Appreciation
9.42%
Original Mortgage
$104,080
Outstanding Balance
$84,507
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$154,847
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Larry $106,000 Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Larry $104,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2016 10/11/16 Sold $106,000 0.0% $50 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $106,000 -- $50 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,766 $203,500 $36,100 $167,400
2023 $1,830 $203,400 $35,400 $168,000
2022 $1,776 $179,900 $30,400 $149,500
2021 $1,460 $156,100 $28,300 $127,800
2020 $1,342 $148,500 $26,900 $121,600
2019 $1,993 $145,400 $26,400 $119,000
2018 $1,632 $143,600 $26,400 $117,200
2017 $1,778 $142,800 $26,400 $116,400
2016 $1,366 $142,700 $25,500 $117,200
2014 $1,069 $141,200 $25,200 $116,000
2013 $1,118 $141,500 $27,000 $114,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Phyllis Maruszczak

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR378236

Northwest Indiana Association of REALTORS®

APN: 45-12-15-105-007.000-030

Indiana Lake County Merrillville 46410 Turkey Creek

7055 Broadway, Merrillville, IN

This home is located at 7055 Broadway, Merrillville, IN 46410 since 10 August 2015 and is currently estimated at $239,354, approximately $112 per square foot. This property was built in 1927. 7055 Broadway is a home located in Lake County with nearby schools including Henry P Fieler Elementary School, Merrillville Intermediate School, and Pierce Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes